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Suzlon Energy aims to generate up to $400 million by divesting noncore assets in an effort to cut costs and reduce debt, said Chief Financial Officer Kirti Vagadia. "We have identified 15 non-core assets, mostly in overseas markets like China, U.S., etc., which we plan to sell in the next 12-18 months in a phased manner," Vagadia said.

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Suzlon has released plans to sell its forging company, SE Forge, as part of its long-term debt restructuring strategy, according to Chairman Tulsi Tanti. "We are focused on profitably rationalizing all aspects of our overall business. Our main business is to manufacture wind turbines, which we want to focus on, so we are looking at selling our non-core assets," said a company official.

Brazilian energy developer Bioenergy Geradora de Energia intends to buy wind turbines worth $895.3 million from General Electric. The U.S. firm will supply 207 turbines to Bionergy's 13 ongoing wind projects in Maranhao and 170 more turbines for upcoming projects, the Brazilian firm said in a statement.

Wisconsin should rely more on renewable-energy sources because depending on coal will hurt the state's economy in the long run, according to a study by University of Wisconsin researchers. "Wisconsin now has coal energy price lock-in resulting from high capital costs and long assets life spans from these energy investments," the study found.

The American Wind Energy Association and other groups are challenging PacifiCorp's proposed new rates for recovery of regulation-reserves costs. In a regulatory filing, AWEA and the Renewable Northwest Project said that PacifiCorp's proposal would raise the costs of a 100-megawatt variable energy resource by up to $535,000 annually. "The Schedule 3A charge for VER generators would be more than 8,000 times greater than the Schedule 3A charge imposed on non-VER generators," they said.

A GOP-backed bill in the Alabama legislature that would tighten the rules for wind projects was stalled by a filibuster by Democratic lawmakers. Under the bill, developers would have to present "financial assurance" before starting a wind project.